Convert 118 Singapore Dollar (SGD) to British Pound Sterling (GBP)
Exchange rates used for currency conversion updated on November 14th 2024 ( 11/14/2024 )
Below you will find the latest exchange rates for exchanging Singapore Dollar (SGD) to British Pound Sterling (GBP) , a table containing most common conversions and a chart with the pair's evolution.
The Singapore Dollar (SGD) to British Pound Sterling (GBP) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Singapore Dollar and British Pound Sterling on 11/14/2024 is 1 SGD = 0.5865 GBP - AVERAGE intraday quotes were used for this currency conversion.
The official currency of Singapore is the Singapore dollar. The dollar is equal to 100 cents and comes in denominations of $2, $5, $10, $50, $100, $1,000 and $10,000. Foreign currency can be exchanged easily in Singapore although different establishments will have different rates for these transactions. Banks can exchange foreign currency as can various exchange booths located conveniently in airports, hotels and at most shopping centers in larger cities.
About British Pound Sterling (GBP)
Monetary policies affecting the pound sterling (GBP) are dispersed amongst 8 separate central banks throughout the territories, dependencies, and countries of the United Kingdom. The Bank of England is the primary central bank and is responsible for monetary policy and currency issuance in England, Wales, Scotland, and Northern Ireland. This floating currency is the third most widely held reserve currency in the world. The future of the GBP is dependent upon the political decision of whether or not to allow the GBP to be absorbed by the euro, effectively placing all of the United Kingdom into the eurozone.
